EMA said that between 83 and 168 floating production systems will be required, with a mid-case forecast of $86 billion being spent on 119 units.

EMA’s findings came in its 2017 to 2021 Floating Production Systems Outlook report, covering all types of vessels — floating production, storage and offloading, floating liquefied natural gas, floating storage and regasification, tension-leg platforms, spars, semi-submersibles and floating storage and offloading.

“Given